45-23A-91.10
Section 45-23A-91.10 Proceeds from the sale of bonds. All moneys derived from the sale of any
bonds issued by the authority shall be used solely for the purpose or purposes for which the
same are authorized, including, but without limitation to, the use of bond proceeds to establish
reserve funds as security for the payment of the principal of, and premium, if any, and interest
on the bonds, and any costs and expenses incidental thereto. Such costs and expenses may include
but shall not be limited to the fiscal, engineering, legal, and other expenses incurred in
connection with the issuance of the bonds, and except in the case of refunding bonds, interest
to accrue on such bonds for a period ending not later than two years from their date. (Act
84-395, p. 904, §11.)...
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45-27A-31.10
Section 45-27A-31.10 Proceeds from the sale of bonds. All moneys derived from the sale of any
bonds issued by the authority shall be used solely for the purpose or purposes for which the
same are authorized, including, but without limitation to, the use of bond proceeds to establish
reserve funds as security for the payment of the principal of, and premium, if any, and interest
on the bonds, and any costs and expenses incidental thereto. Such costs and expenses may include
but shall not be limited to (1) the fiscal, engineering, legal, and other expenses incurred
in connection with the issuance of the bonds, and (2) except in the case of refunding bonds,
interest to accrue on such bonds for a period ending not later than two years from their date.
(Act 82-740, p. 196, §11.)...
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45-35A-52.10
Section 45-35A-52.10 Proceeds from the sale of bonds. All moneys derived from the sale of any
bonds issued by the authority shall be used solely for the purpose or purposes for which the
same are authorized, including, but without limitation to, the use of bond proceeds to establish
reserve funds as security for the payment of the principal of, and premium, if any, and interest
on the bonds, and any costs and expenses incidental thereto. Such costs and expenses may include,
but shall not be limited to, (1) the fiscal, engineering, legal, and other expenses incurred
in connection with the issuance of the bonds, and (2) except in the case of refunding bonds,
interest to accrue on such bonds for a period ending not later than two years from their date.
(Act 82-303, p. 393, §11.)...
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45-41A-10.10
Section 45-41A-10.10 Proceeds from sale of bonds. All moneys derived from the sale of any bonds
issued by the authority shall be used solely for the purpose or purposes for which the same
are authorized, including, but without limitation to, the use of bond proceeds to establish
reserve funds as security for the payment of the principal of (and premium, if any) and interest
on the bonds, and any costs and expenses incidental thereto. Such costs and expense may include,
but shall not be limited to, the fiscal, engineering, legal, and other expenses incurred in
connection with the issuance of the bonds, and except in the case of refunding bonds, interest
to accrue on such bonds for a period ending not later than two years from their date. (Act
85-185, p. 40, §11.)...
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45-41A-40.10
Section 45-41A-40.10 Proceeds from sale of bond. All moneys derived from the sale of any bonds
issued by the authority shall be used solely for the purpose or purposes for which the same
are authorized, including, but without limitation to, the use of bond proceeds to establish
reserve funds as security for the payment of the principal of, and premium, if any, and interest
on the bonds, and any costs and expenses incidental thereto. Such costs and expenses may include
but shall not be limited to the fiscal, engineering, legal, and other expenses incurred in
connection with the issuance of the bonds, and except in the case of refunding bonds, interest
to accrue on such bonds for a period ending not later than two years from their date. (Act
84-415, p. 981, §11.)...
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45-8A-111.10
Section 45-8A-111.10 Proceeds from the sale of bonds. All moneys derived from the sale of any
bonds issued by the authority shall be used solely for the purpose or purposes for which the
same are authorized, including, but without limitation to, the use of bond proceeds to establish
reserve funds as security for the payment of the principal of (and premium, if any) and interest
on the bonds, and any costs and expenses incidental thereto. Such costs and expenses may include
but shall not be limited to (1) the fiscal, engineering, legal, and other expenses incurred
in connection with the issuance of the bonds, and (2) except in the case of refunding bonds,
interest to accrue on such bonds for a period ending not later than two years from their date.
(Act 85-318, p. 223, §11.)...
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45-8A-20.10
Section 45-8A-20.10 Proceeds from the sale of bonds. All moneys derived from the sale of any
bonds issued by the authority shall be used solely for the purpose or purposes for which the
same are authorized, including, but without limitation to, the use of bond proceeds to establish
reserve funds as security for the payment of the principal of (and premium, if any) and interest
on the bonds, and any costs and expenses incidental thereto. Such costs and expenses may include
but shall not be limited to (1) the fiscal, engineering, legal, and other expenses incurred
in connection with the issuance of the bonds, and (2) except in the case of refunding bonds,
interest to accrue on such bonds for a period ending not later than two years from their date.
(Act 85-319, p. 239, §11.)...
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45-6-242
Section 45-6-242 Levy of taxes; exemptions; payment of taxes; reports by taxpayers; applicability
of state sales tax statutes; disposition of funds. (a) The following words, terms, and phrases
where used in this section shall have the following respective meanings except where the context
clearly indicates a different meaning: (1) "County" means Bullock County in the
State of Alabama. (2) "Commissioner" means the Commissioner of Revenue of the state.
(3) "State Department of Revenue" means the Department of Revenue of the state.
(4) "State" means the State of Alabama. (5) "State sales tax statutes"
means Division 1 of Article 1 of Chapter 23 of Title 40, as amended, including all other statutes
of the state which expressly set forth any exemptions from the computation of the taxes levied
in Division 1 and all other statutes which expressly apply to, or purport to affect, the administration
of Division 1 and the incidence and collection of the taxes imposed therein. (6) "State
sales...
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16-16-10
Section 16-16-10 Disposition of proceeds of bonds. (a) The proceeds of all bonds, other than
refunding bonds, issued by the authority remaining after paying expenses of their issuance
shall be deposited in the State Treasury and shall be carried in the State Treasury in a special
or separate account. Said expenses shall be deducted from that portion of the said proceeds
allocated in subsection (o) of this section. Such remaining funds shall be subject to be drawn
upon by the authority with the approval of the secretary of the authority and the Governor,
but any funds so withdrawn shall be used solely for the purpose of financing the construction,
reconstruction, alteration, improvement and equipment of buildings and other facilities for
public educational purposes, including the cost of architectural services therefor and services
rendered by building inspectors for periodic and final inspections thereof, and for acquiring
sites therefor, in accordance with the provisions of this...
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41-10-271
Section 41-10-271 Acquisition, construction, etc., of judicial facilities; award of contract;
payments under contract; Building Commission expenses; revision of plans. The authority shall
proceed with the acquisition, construction, installation and equipping of the judicial facilities
as soon as may be practicable following the sale of the authority's bonds. Such acquisition,
construction, installation and equipping shall be done by the authority under the supervision
of the Building Commission upon the award of a contract or contracts for each part of the
work to the lowest responsible bidder after advertisement for and public opening of sealed
bids; provided, that for the purpose of determining the lowest responsible bidder, the invitation
for bids and the bidding documents shall be so arranged that alternates from the base bid
shall constitute cumulative deductions from the base bid in the event such alternates should
be selected. All such contracts shall be lump sum contracts and...
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